La Scuola Ditalia Galileo Galilei

Charity Navigator Rating: 1 Star (50%)

La Scuola Ditalia Galileo Galilei has received a low rating of 50% from Charity Navigator, which translates to a One-Star out of Four Star rating. This rating indicates concerns regarding the organization’s transparency and financial practices. While the charity boasts a fully independent board, it has significant gaps in its accountability measures, particularly the absence of key policies such as a conflict of interest policy and whistleblower policy.

The organization demonstrates some financial strengths, including a high ratio of liabilities to assets at 0.57%, suggesting it is not heavily burdened by debt. However, the absence of financial statements and required documentation on its website detracts from its overall score. The program expense ratio stands at 54.42%, indicating that only a little over half of its expenditures are directed toward its programs, which may raise additional questions about operational efficiency.

Despite its governance structure showing promise with independent members making up the board, the overall lack of financial transparency and missing key policies could hinder trust among stakeholders. Addressing these issues will be crucial for the organization to improve its standing and effectiveness in the nonprofit sector.

This AI summary has been generated from information found on Charity Navigator.

La Scuola Ditalia Galileo Galilei is a legitimate nonprofit organization registered as a 501(c)(3) entity. La Scuola Ditalia Galileo Galilei submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $236,158
Professional Fundraising Fees: $0
Other Salaries and Wages: $470,668

For more financial information, click here

Official website here: www.scuolagalileo.org